Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Pullbacks, Corrections, and Bear Markets When the market experiences volatility, it may be a good time to review these common terms. Leaving Your Lasting Legacy Want to do more with your wealth? You might want to consider creating a charitable foundation.